James Donovan, known around town as Bugs, was part owner in some New Jersey breweries. A lucrative business back in 1929. Rumor has it that NYC gangster Waxey Gordon was attempting to monopolize the Jersey beer racket and couldn't work out a monetary deal with Bugs and his confederates so resorted to bulletary deal.
Donovan had a sweety in Manhattan's Chelsea district and could be found at her digs quite often. The men assigned to kill him found this out so waited outside her apartment. Eighty-three years ago tonight Bugs kissed his honey goodbye and went out to his car. As he was starting it a sedan pulled up and ... well, you know.